Category Credit Cards

WHY YOUR CREDIT CARD APPLICATION WAS DENIED (AS REPORTED BY MICHAEL PRUSER ON WWW.FIVECENTNICKEL.COM)

While it is never a good idea to spend more than you can afford at any given time, credit cards are an important financial tool for the savvy consumer. But getting denied for a credit card is a sign that something is wrong, and should be addressed. Michael Pruser, writing on http://www.fivecentnickel.com, lists five common […]

EARLY RETIREMENT MISTAKES TO AVOID (AS REPORTED BY MAYA KACHROO-LEVINE ON WWW.FORBES.COM)

Debt is one of the biggest roadblocks to retirement. Debt forces us to work harder and longer than we otherwise would like. And that’s because the money that we earn is not ours, it is someone else’s, until that debt is paid off. One of the biggest errors that people make in their lives is […]

Finance and Marriage (as reported by Michael Chamberlain on www.forbes.com)

Marriage is a defining moment in one’s life. It is also a time, though most people choose to believe otherwise, when personal finances take on even greater importance. The reason why is that two people with two separate financial situations and views are now joining together. The most important thing couples can do before they […]

Cash Instead of Cards (as reported by Saundra Latham on money.cnn.com)

Studies of financial behavior have indicated for years that American’s spend more money when they rely on credit cards than when they rely on cash. Credit cards allow us to put off the pain of paying for something, while still getting the immediate satisfaction that whatever we’re buying brings. A simple solution for spending less […]

TRAVEL REWARDS CARDS (AS REPORTED BY CASEY BOND ON WWW.FORBES.COM)

Do you travel a lot for work or to see family in another part of the country? Or would you like to be able to afford to travel more? Most people would like to be able to travel more than they do. But the truth is, it’s expensive, and it can feel like a waste […]

PICKING THE RIGHT CREDIT CARD (AS REPORTED BY STEVE ROUSSEAU ON WWW.DIGG.COM)

Picking the right credit card is an important part of managing your money. Credit cards are critical for building your personal credit, a step towards owning a car or home, or getting a good rate on a loan of any kind. But with all the credit cards out there, how is anyone supposed to choose […]

Side Effects of Credit Cards (as reported by Richard Barrington on fivecentnickel.com)

Credit cards can be very useful tools if you use them the right way. But they also come with their dangers. Richard Barrington, writing for FiveCentNickel.com, lists the possible side effects of credit cards. They start with the added costs when you don’t pay off your debt on time. If you allow interest to accrue […]